Thang was born in 1977. She has two sons who attend primary school and secondary school. Her husband is a construction worker. His income is about 6,000,000 VND per month. Thang sells groceries to earn a living. Each month, she earns about 5,000,000 VND. She has done this job for 10 years. The total income of her family is about 10,000,000 VND.
Thang has taken part in SEDA’s microfinance program since 2004. The last cycle, she borrowed 9,810,000 VND and repaid the loan on time. In this loan cycle, she wants to borrow about 11,118,000 VND to buy more noodles, candy, beer, and biscuits for her grocery store. She always wants to enlarge her business in the market.
The Center of Small Enterprise Development Assistance (SEDA) is a non-profit organization whose vision is to create “a society without poverty.” Founded in 2004, SEDA provides microfinance services to low-income and disadvantaged people in rural areas of Hanoi and the northern provinces of Vietnam through its Binh Minh Micro-Finance Program.
You can also join SEDA’s lending team to assist SEDA in continuing to support its portfolio of borrowers.